Paul Hastings Expands Leveraged Finance Practice with Addition of Top-Tier Partner in New York

June 20, 2011

New York, NY (June 20, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that Rich Farley has joined the Leveraged Finance practice in New York. Mr. Farley, who was previously with Cahill Gordon & Reindel LLP, is an industry leader who advises numerous global banks on both bank lending and high-yield bond transactions.

This is a critical time in the leveraged finance market, with competition for transactions as intense as ever, said William Schwitter, chair of the Leveraged Finance practice. Rich is one of the most recognized leveraged finance lawyers in the country, and his experience advising on both syndicated lending and high-yield bond transactions will allow us to offer clients one stop shopping across the entire spectrum of debt financing, he added.

We are fortunate to be adding such top-tier talent to our finance team, said Elizabeth Noe, chair of the firms Corporate practice. Richs background complements our expertise in acquisition and debt financing and positions us to increase significantly our participation in complex financing transactions, she added.

Mr. Farley has extensive experience in complex syndicated loan and high-yield debt financings. His practice centers on representing some of the worlds leading commercial and investment banks in leveraged buyout financings, recapitalizations and refinancings and he is recognized in the market as one of the leading practitioners in the acquisition finance space. His clients include lead arrangers, underwriters and initial purchasers participating in domestic and cross border transactions. Mr. Farley joins from Cahill Gordon & Reindel LLP.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.